Debt is likely to grow exponentially in the next 5-10 years, as the world experiences hyperinflation. But we must also remember that as commodities such as food and energy plus many raw materials like precious metals go up exponentially, all the bubble assets (stocks, bonds and property) will implode in real terms.
Egon von Greyerz
July 13, 2022
BEWARE OF MARKETS FULL OF FOOL’S GOLD
[We live in interesting times.